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Back Fundamental analysis
Euro slumps as safe-haven dollar strengthens
Germany is rising from its knees,
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Germany is rising from its knees, and wage growth in the euro area is accelerating. Yet this is not helping the euro. On the contrary, EUR/USD plunged to a monthly low as demand for the US dollar as a safe-haven asset rose sharply. There is no need to look far for the reason. For the first time since 2003, the United States is prepared to intervene in a country in the Middle East. Twenty three years ago, the focus was
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
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Igor Kovalyov
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